Filmcity Media Limited Clarifies Non-Classification as Large Corporate Under SEBI Guidelines

1 min read     Updated on 17 Apr 2026, 01:24 PM
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Filmcity Media Limited has clarified to BSE Limited that it does not qualify as a Large Corporate under SEBI circular dated October 19, 2023, which governs fund raising through debt securities. The disclosure, filed on April 17, 2026, by Company Secretary Raksha Kumari, ensures regulatory compliance and provides stakeholders with clarity on the company's categorization status under current SEBI guidelines.

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Filmcity Media Limited has formally communicated to BSE Limited that it does not qualify as a Large Corporate under the SEBI circular dated October 19, 2023. The disclosure was made in compliance with regulatory requirements regarding fund raising through debt securities.

Regulatory Compliance Disclosure

The company submitted its initial disclosure on April 17, 2026, addressing the requirements under SEBI circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172. This circular pertains to fund raising by issuance of debt securities by Large Corporate entities.

Parameter: Details
Filing Date: April 17, 2026
SEBI Circular Reference: SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172
Circular Date: October 19, 2023
Company Status: Does not fall under Large Corporate category

Company Position Statement

Filmcity Media Limited explicitly stated that it does not fall under the Large Corporate category as prescribed in the aforementioned SEBI circular. This clarification is significant for stakeholders as it determines the regulatory framework applicable to the company's debt fundraising activities.

Authorized Signatory

The disclosure was digitally signed by Raksha Kumari, Company Secretary and Compliance Officer, holding membership number A46084. The digital signature was executed on April 17, 2026, at 10:28:48 +05'30', ensuring the authenticity and legal validity of the submission.

This regulatory filing provides transparency regarding Filmcity Media Limited's classification status and ensures compliance with SEBI's disclosure requirements for corporate entities.

Historical Stock Returns for Filmcity Media

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%-8.41%+13.20%+31.02%+10.55%+122.83%

What are the specific criteria that determine Large Corporate classification under SEBI regulations, and how close is Filmcity Media to meeting these thresholds?

How will Filmcity Media's non-Large Corporate status affect its debt fundraising options and associated compliance costs compared to larger competitors?

Could Filmcity Media's business expansion plans potentially push it into the Large Corporate category in the near future, triggering additional regulatory requirements?

Filmcity Media Limited Claims Exemption from SEBI Regulation 24A Due to Size Criteria

1 min read     Updated on 17 Apr 2026, 10:39 AM
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Filmcity Media Limited has notified BSE Limited that Regulation 24A of SEBI LODR Regulations 2015 is not applicable to the company due to its size criteria. The exemption is claimed under Regulation 15(2) as the company's paid-up equity share capital is below INR 10 crores and net worth is under INR 25 crores as on March 31, 2026. The official communication was signed by Company Secretary Raksha Kumari on April 17, 2026.

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Filmcity Media Limited has officially notified BSE Limited about its non-applicability to certain SEBI regulations due to its size criteria. The company has claimed exemption from Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Exemption Details

The company has informed the stock exchange that Regulation 24A of SEBI LODR Regulations 2015 does not apply to its operations. This exemption is being claimed under Regulation 15(2) of the same regulations, which provides relief for smaller companies based on specific financial thresholds.

Parameter Threshold Company Status
Paid-up Equity Share Capital INR 10 crores Below threshold
Net Worth INR 25 crores Below threshold
Assessment Date March 31, 2026 -

Company Financial Position

As on March 31, 2026, Filmcity Media Limited's financial metrics fall below the regulatory requirements specified in Regulation 15 of SEBI LODR Regulations 2015. The company's paid-up equity share capital remains under INR 10 crores, while its net worth is below the INR 25 crores threshold.

Official Communication

The formal notification was submitted to BSE Limited's Department of Corporate Service on April 17, 2026. The communication was digitally signed by Raksha Kumari, who serves as the Company Secretary & Compliance Officer with membership number A46084.

Regulatory Compliance

By informing the stock exchange about this exemption, Filmcity Media Limited has fulfilled its disclosure obligations under the applicable regulations. The company has requested BSE Limited to update its records with this information, ensuring proper regulatory compliance and transparency with the exchange.

Historical Stock Returns for Filmcity Media

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%-8.41%+13.20%+31.02%+10.55%+122.83%

What growth strategies might Filmcity Media pursue to eventually exceed the INR 10 crore paid-up capital and INR 25 crore net worth thresholds?

How could this regulatory exemption impact investor confidence and the company's ability to raise capital in the near term?

Will other small-cap media companies follow similar exemption strategies, and what precedent does this set for the industry?

More News on Filmcity Media

1 Year Returns:+10.55%